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Mount Holly · Mount Holly, NC

119 Pine Hill Lane

Mount Holly, NC · 1,008 sqft

$55,000

  • 2Beds
  • 1Baths
  • 1,008SqFt
  • 1962Year
  • 1Days on market

About this home

Calling all investors! Ready for a great Mount Holly location for a price you can turn a profit? Look no further than this brick fixer upper that needs a full rehab. Sitting in a quiet setting with mature trees and off the beaten path this home could surely be a gem with your vision. Some roof leaks appear to have made ceilings sag. There is no information to say that the leaks have been fixed however seller has not seen active leaks in the home since owning it. Home is setup like a 3 bedroom but the county says the septic permit is only good for a 2 bedroom home. Floors and foundation need stabilization in some area. Home does not have electricity currently connected so bring a flash light to showing. There are two other homes on the quiet street of Pine Hill. When you are looking for opportunity you buy the ugliest house on the street...here's your chance, don't miss it. Don't want to rehab? Tear it down and build something new!

Property details

Beds
2
Baths
1
SqFt
1,008
Lot
Year built
1962
Type
Single Family
Days on market
1
Style
Cottage
Heating
Other - See Remarks
Cooling
Other - See Remarks
Foundation
Crawl Space
Flooring
Wood

Payment estimate

Estimated monthly payment

Includes P&I, tax, insurance

$395/ month

Principal & interest
$340
Property tax (~0.85%)
$38
Homeowners insurance
$16
HOA dues

Down payment

$2,750 down · $52,250 financed

Income to qualify (28% rule)

~$16,955 / year household

A rough rule — actual qualification depends on your full debt picture, credit, and the lender. Christy can introduce you to lenders she trusts.

Numbers are a directional estimate. Actual monthly cost varies by lender, credit, taxes assessed at closing, and insurance carrier. This is not a loan offer or pre-approval.

Location

About Mount Holly

Catawba River · NW commute

Quiet river town between Belmont and Charlotte — Mountain Island Lake access, fifteen-minute Uptown commute, and growing school districts.

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